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Strategies & Market Trends : Options

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To: Jill who wrote (1909)1/30/2000 1:53:00 PM
From: Bruce Ravelson  Read Replies (2) of 8096
 
I'm going to write Feb 140's with about 1/3 of my shares. I see the possible outcomes as: calls expire and I pocket the 1 1/2 points, Q rallies and I roll out the CC's to the next month and a new strike or I let them get called (which is a 30 point gain from here) and use the cash.

I'll give it a try. Thanks,
Bruce
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